Akon news

American singer, songwriter, businessman, record producer and actor of Senegalese descent

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What do Mariah Carey, Akon and Mel B Have in Common?

CoinSpeaker What do Mariah Carey, Akon and Mel B Have in Common? Celebrities are just people and they do not live in their separate world. They also may be captured by modern trends and innovative technologies. Cryptocurrency boom has also made numerous celebrities to get involved in the industry. Who has said that it’s impossible? Bestbitcoinexchange.io has prepared a list of the most well-known music artists who have joined the crypto community. In the list, you will find not only those who have managed to make successful investments and get profit but also those who have lost their chance. Do you know who was the first mainstream musician to start accepting payments in the form of Bitcoin? Have you heard whose albums could be purchased using cryptocurrency? Or maybe you know about celebrities who supported MONERO? If you haven’t heard about these facts earlier, they may seem to be rather surprising for you. Nevertheless, not all of them represent themselves stories with a happy end. DJ Khaled, who is also mentioned in this list, was involved in the promotional campaign of one ICO project called Centra and, as a result, has faced with serious fines. Coinspeaker has already reported that Centra was shut down by the US SEC and its co-founders were arrested. For being involved in and promoting this project on his social media accounts, Khaled was obliged to give back all the money that he had received for the advertisement and to pay additional fines. Nevertheless, the majority of cases mentioned in the list that you will find below are much more optimistic. The entire world is being transformed under the influence of new technologies. Who knows, maybe with such a team of supporters, one day the global music industry will also be completely different due to the application of the digital ledger technology. What do Mariah Carey, Akon and Mel B Have in Common?
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Akon Rings the Bitcoin Bell, Says It’s Foolish Not Investing In Cryptocurrency

Akon Says It Is Foolish Not To Invest In Cryptos The famous singer and songwriter Akon has recently been focused on spreading the word about the cryptocurrency market. He has unveiled the plans to launch Akoin, his own crypto, in June and has been talking a lot about cryptocurrencies in the media since then. During a recent interview in which the interviewer admitted that he did not understand exactly what cryptocurrencies were, Akon has told him that “nobody does”, people just invest in them because everybody is doing it and making profit out of it. According to him, it is pretty much the same as investing in the stock market. You buy the shares of the companies that people trust the most and you know there is profit to be made. There is a lot of people investing in them, you do not really understand how it all works, but you invest. He believes that cryptocurrencies fundamentally follow some of the same principles. He said that he was still learning about cryptos and getting more involved with them now. His new token, Akoin, will be an investment in the future of Africa. He compared cryptos to the change of media between cassettes do CD, mp3 to streaming and others examples from the music industry. According to Akon, you are a fool if you do not see the cryptocurrencies as a good investment. Don’t Trust Akon, Learn For Yourself At the end of the show, one of the hosts decided to invest $10,000 USD in Akoin after admitting that he did not know what he was doing but he trusted Akon because he was rich. The producers did advise people not to invest on trust, though, as it can be dangerous. According to them, it is better to learn about the cryptocurrencies before you invest. Akon has also seized the opportunity to state that people will be able to buy Akoin from ATMs in the future.
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Akoin is an investment in the “future of Africa”, says Akon; predicts dollar to be a digital currency

Aliaume Damala Badara Akon Thiam, more popularly known as Akon, recently appeared on Revolt TV’s Drink Champs podcast to speak about cryptocurrencies and the crypto-market. He also took the opportunity to offer his opinions on what cryptocurrencies were, thus enlightening the hosts on what cryptocurrencies were. When they stated that they did not know what cryptocurrencies were, Akon replied that “nobody” knew, offering a comparison to stocks. He called it “no different to the stock market”, stating that investors buy shares of companies that are “more trusted”. He stated: “It’s a little bit different but it’s almost the same concept the way I understand it. I’m still learning a lot about it myself. The more I get into it the more start to understand it.” The rapper is famous for launching a coin known as Akoin, which is aimed at building the future of Africa. Due to the large percentage of unbanked population in the continent, the move of introducing a cryptocurrency there would advance the financial infrastructure of the country. The ecosystem of the Akoin aims to bridge the gap that is present in the underdeveloped parts of Africa between digital and face-to-face platforms. The coin will allow users to spend the cryptocurrency and provides cryptocurrency and entrepreneurial lessons to young businessmen in the country. Akon also spoke about the coin on the podcast. He stated: “What you are investing in is the future of Africa when you invest in Akoin. Akoin is set up to empower the entrepreneurs.” On the economics behind cryptocurrency, Akon clarified that it was indeed backed by nothing. He went on to say: “The thing is crypto ain’t really backed by nothing. Bitcoin ain’t backed by anything. It’s the network is back by the popularity and the trust factor. You can trust to know that if you buy a Bitcoin is worth a certain amount of money. That’s any currency; it’s whatever the people say it’s worth.” Many who are part of the cryptocurrency boom are a part of it because they believe that it was the evolution of money. Akon also echoed this thought, stating that it was going to be “future in currency”. He further illustrated this point by providing an analogy to the evolution of music media from 8-track tapes to vinyl to CDs and MP3s and streaming music. He stated: “When you look at currency you went stagecoaches you know to like literally trading whatever you can trade. Cattle, to trading gold, to actually creating something that gold can be compared to and that’s what the actual dollar is today, and someday the dollar is going to turn into something digital. Dollar’s analogue, your credit card is digital, but crypto is money. From now, crypto is going to be the next currency.” The post Akoin is an investment in the “future of Africa”, says Akon; predicts dollar to be a digital currency appeared first on AMBCrypto.
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Akoin Cryptocurrency Project From Akon Looks To Make Real Impact For Africa

Cryptocurrency has long been a source of contribution to stopping the world’s constant drama. For example, the Pineapple Fund donated some $55 million in BTC to several different charities. One of the foundations who received money was focused around providing water to those in poverty. Cryptocurrency is designed to improve the financial problems of the world by given stable currency to countries who don’t already have it. There are still a lot of countries who don’t have banking systems in place, which is where cryptocurrency fits in. People who are cryptocurrency owners already tend to have their toes dipped into the water of several different financial arenas. A majority of them are men who live in the United States and Canada. As for AKOIN, the token was created by the North American Musician who wanted to build his own city/state in Senegal. The project has jumped to more than narrow personal ambition, instead of inspiring several entrepreneurs of Africa to do businesses across the continent of Africa. The important part to note is how Akon’s decision sparked a movement to create new opportunities. However, with the scams associated with the cryptocurrency, there is a lot of negativity surrounding Akoin. It’s not too late for the platform to run around, however, and to provide Africans with a stable monetary system that can be accessed without the need for a traditional banking system. Akoin is making moves to grow by partnering with other companies like BitMinutes and Butterfly. There’s no hiding the fact that the continent of Arica has faced significant setbacks in the past because of corruption. Akoin hopes to create a stable currency that is not susceptible to corruption and will in turn, help new markets in Africa. Transparency is the secret to doing the token work; people are sick of the hardships in the country. There is still a long hard journey for the cryptocurrency, however, who needs to work on their current roadmap. With the new launch of the token, cryptocurrency has a chance of gaining some real traction in Africa. Akoin is inspired by the Marvel movie Blackpanther, even calling the community its built around Wacoinda. They are also looking to move beyond Senegal into other countries like Nigeria and Ghana. One thing the team must work on is fixing the damages caused to the token by its first frustrating launch. But with the help of Akon who is working hard to see the project through to the end, Akoin still has the potential to be a significant cryptocurrency player, possibly even the largest one in Africa.
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The Daily: Akon Launches Akoin, ICO Mogul Buys $19M Land with Bitcoin

A musician who wants to use cryptocurrency to create a “real-life Wakanda” in Africa is the main feature in today’s edition of Bitcoin in Brief. Additional stories include an ICO mogul who bought land worth $19 million with bitcoin, a massive trove of Coinbase customers’ complaints and more. Also Read: Control of Highly Demanded Crypto Classes May Spark Turf War at Universities Akon Launches Akoin Akon, the Senegalese-American singer, is launching his own cryptocurrency token called Akoin. The stated purpose of the project is to build a futuristic city in Senegal that is meant to be a “real-life Wakanda”, referring to the fictional highly technologically advanced African nation featured in the recent Black Panther movie. Speaking on a panel at Cannes Lions International Festival of Creativity, Akon explained: “I think that blockchain and crypto could be the saviour for Africa in many ways because it brings the power back to the people and brings the security back into the currency system. It also allows the people to utilize it in ways where they can advance themselves and not allow government to do those things that are keeping them down.” According to the project’s website, the “100% crypto-based” Akon Crypto City is being built on 2,000 acres of land gifted to Akon from the President of Senegal. It’s within 5 minutes of the new international airport, close to the coast and a short drive from Dakar, the capital city of Senegal. ICO Mogul Buys $19M Land with Bitcoin According to newspaper reports from Israel, the serial entrepreneur and cryptocurrency advocate Moshe Hogeg has bought 5,000 square meters of private land to build himself a new house in the very affluent community of Kfar Shmaryahu not far from Tel Aviv. The price of the real estate is about $19 million and he reportedly paid 15% of that sum in Bitcoin. Hogeg is the man behind Sirin Labs, which raised $157.8 million in an initial coin offering (ICO) last year. The money was meant to be used to build an “ultra-secure” cold storage crypto wallet-phone which was promoted by soccer superstar Leo Messi. 134 Pages of Coinbase Customers’ Complaints A stack of 134 pages full of costumer complaints against Coinbase, filed to the US SEC and the California Department of Business Oversight, have been obtained by Mashable following a five-month FOIA (Freedom of Information Act) process. The files show the frustration and anger of clients that felt they could not get adequate support for their issues with the platform. The company sees the high number of complaints as a result of the mad rush to enter the crypto market last year. “In 2017, the cryptocurrency space experienced a profound uptick in mainstream awareness and growth,” explained a Coinbase spokesperson. “As part of that, consumer demand for our services increased by 40x and we experienced transaction volumes in November and December of that year that grew by 295 percent.” Bitmain Is Back on Twitter Chinese ASIC giant Bitmain Technologies has now regained control of its @Bitmaintech official Twitter account. As we reported a few days ago, the company was banned from the social network after trolls apparently convinced Twitter admins that the account belonged to a four-year-old. Aaaaand we are back! We missed Twittersphere and it appears that some, like @Satoshi_N_ , missed us even more.https://t.co/x14bJoTkhD Oh, and it feels good to finally be over 13 years old @Twitter /s — BITMAIN [Not giving away ETH] (@BITMAINtech) June 20, 2018 Bittrex Adds ETH to USD Bittrex, which recently introduced fiat currency support, has now announced the addition of support for Ethereum (ETH) to USD trading. Initially, the Seattle-based exchange offered the USD paired against just BTC, tether (USDT), and another stablecoin, Trueusd. The move can be seen as part of a larger trend by exchanges trying to gradually wean themselves off dependency on the controversial tether. It might also help to delink the price of ETH from BTC in terms of USD if more exchanges follow this move. What do you think about today’s news tidbits? Could Akon’s crypto city succeed in building a real Wakanda? Share your thoughts in the comments section below.  Images courtesy of Shutterstock. Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com. The post The Daily: Akon Launches Akoin, ICO Mogul Buys $19M Land with Bitcoin appeared first on Bitcoin News.
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Ripple’s RippleNet XRP Showcases Real-World Effectiveness: Mercury FX

After partnering up with the firm behind the second largest coin XRP [XRP] Ripple as one of the +200 costumers, Mercury FX announced via their official twitter handle that they transacted their largest payment across RippleNet with a positive conclusion. 1/1 We've made our largest payments across RippleNet using #XRP – 86,633.00 pesos (£3,521.67) from the U.K. to Mexico in seconds. pic.twitter.com/WsHJuZTiOy — Mercury-fx Ltd (@mercury_fx_ltd) January 17, 2019 Using XRP, the firm transferred £3,521.67 or $4,552.41 while they cited that UK based Mustard Foods was able to save £79.17 and 31 hours on the transaction. Mustard Foods could be one of the best examples of the impact of using RippleNet could have as it opened doors to cheaper expenses, quicker orders and faster payments. As covered by John P. Njui on EWN a few days ago, The Ripple company has announced via its website that 13 new financial institutions have joined RippleNet thus propelling the number of total global customers to over 200. RippleNet currently operates in 40 countries across 6 continents. Out of the 13 aforementioned financial institutions, 5 are confirmed as using XRP to source instant liquidity for their cross border payments. The are JNFX, SendFriend, Transpaygo, FTCS and Euro Exim Bank. By the end of this year [2018], major banks will use xRapid as a liquidity tool. By the end of next year [2019], I would certainly hope that we will see…in the order of magnitude…of dozens. But we also need to continue to grow that ecosystem…grow the liquidity. – Brad Garlinghouse The success behind the team from Ripple could be standing by their marketing strategy and future plans of making the financial industry a better place to be. While not displacing traditional banking systems but helping them make payments cheaper and faster, it is finding its way to take spotlight in the crypto-verse. The post Ripple’s RippleNet XRP Showcases Real-World Effectiveness: Mercury FX appeared first on Ethereum World News.
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BRD Wallet Expands Crypto User Access Across Europe With Coinify Partnership

Coinify, a European-based financial platform that provides a wallet, trading and payment processing solution, has announced that they are integrating BRD Wallet into their platform to deliver BRD wallet access to users across the European region.Specifically, the partnership provides access to virtual currencies, like bitcoin, to 34 countries across the Single Euro Payments Area (SEPA). The SEPA region is a collection of member states in Europe who are part of a payment system that simplifies bank transfers denominated in EUR. The launch is also enabled largely in part by Coinify’s newly rebranded trading solution for wallet partners.Customers will now be able to use BRD Wallet to “purchase bitcoin at cost-efficient rates with SEPA bank transfers” within Coinify’s trading platform. With BRD integration, customers will also retain control over their private keys while using Coinify.Essentially, this provides a large number of users with an efficient and secure way to buy bitcoin and other cryptocurrencies, and then allows them to immediately store it in a manner where they control what happens to their money. Typically, a user will entrust the custody of their private keys to a centralized exchange while they are waiting for trades to be executed and sometimes for much longer than that.Aaron Lasher, co-founder and chief strategy officer at BRD, highlighted the advantages of the integration for security-focused users of the Coinify platform.“We like exchanges and think security will get better in the future, but by using our integrated purchase and trading solutions, you get to keep your funds under your control 99 percent of the time, and only put them at a slightly higher risk for a short period when you make the exchange,” Lasher told Bitcoin Magazine.“Using a non-custodial wallet means that you and you alone control your funds. It’s similar to having physical cash in a (highly secure) safe at home. Only in this case, we provide our customers a digital safe (the BRD wallet) that they can keep in their pocket and carry along. Nobody else in the world has access to your funds but you, and nobody can stop you from sending or receiving funds.”Integrating a wallet that allows users to own their funds and seamlessly make trades on a platform like Coinify could help to push bitcoin adoption forward."The financial industry is ripe for disruption and we see bitcoin and the other virtual currencies as the future of payments,” said Rikke Stær, chief commercial officer at Coinify, told Bitcoin Magazine. “At Coinify, we have experienced first-hand the rising adoption of bitcoin and working with BRD as a user-friendly, decentralized wallet will only encourage the global reach of the currency."“Since launching as the first iOS bitcoin wallet in the App Store over 4 years ago, we’ve grown tremendously in North America,“ Adam Traidman, CEO and co-founder of BRD, said in a statement. “Europe will be strategic in the next phase of BRD’s global growth, and the partnership with Coinify will ensure our success in this crucial endeavour.”In August 2018, Canadian-based Coinberry exchange launched a similar BRD integration, allowing users to quickly and seamlessly buy, deposit and withdraw bitcoin on the Coinberry platform, while keeping control of their keys at all times. This article originally appeared on Bitcoin Magazine.
Bitcoin Magazine

Crypto Payments Service BitPay Reports It Saw Over $1 Billion in Transactions in 2018

Crypto Payments Service BitPay Reports It Saw Over $1 Billion in Transactions in 2018 Major cryptocurrency payment service provider BitPay has reported $1 billion in transactions this past year, according to a press release Jan. 16. According to the report, the company also set a new record for itself in terms of transaction fee revenue. […] Cet article Crypto Payments Service BitPay Reports It Saw Over $1 Billion in Transactions in 2018 est apparu en premier sur Bitcoin Central.
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